What is Native Advertising in Blockchain?

What happens when the seamless integration of Native Advertising meets the transparent, immutable ledger of Blockchain technology? Native Advertising acts like a friendly guide, leading meaningful conversations between brands and viewers without disrupting their digital journey. Blockchain is known for its transparency and security because it records transactions on an immutable public ledger, meaning once data is recorded, it cannot be altered.

As these two powerful forces converge, they bring in a hopeful period in advertising marked by trust, efficiency, and user-centricity. This course aims to navigate the intersection of Native Advertising and Blockchain, unraveling their essence, investigating their synergy, and delving into real-world applications redefining the advertising landscape.

Whether you are a marketer, a blockchain enthusiast, or a curious mind looking to understand the modern digital advertising paradigm, this course is designed to provide a well-rounded understanding enriched with real-world examples, expert insights, and foresight into the revolutionary trends shaping the future of advertising.

Understanding Native Advertising

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Native advertising is designed to complement the form, function, and aesthetics of the platform on which it appears. Unlike traditional advertising, native ads blend in with the material that surrounds them rather than disrupting it. It is about providing advertising content that is consistent with the user’s existing surroundings, making the adverts feel less obtrusive and more interesting.

Advertising has come a long way since the days of obvious banner ads and loud commercials. Native advertising has emerged as a subtler, more sophisticated technique for reaching viewers since the onset of the digital era. It changes its appearance to match its platform, whether a social network feed, a news website, or a mobile app. The quest for a better user experience and improved engagement rates has fueled this evolution.

The key difference between native and traditional advertising is how they interact with viewers. While traditional ads can feel like interruptions, native ads blend in with the surrounding content, making them feel more natural and less intrusive. In 2016, Taco Bell launched a Snapchat Lens campaign on Cinco de Mayo that turned users’ heads into giant taco shells. This fun and interactive campaign resulted in 224 million views in one day, making it Snapchat’s most-viewed lens at the time.

The Intersection of Blockchain and Native Advertising

The intrinsic openness of blockchain provides a clear trace of transactions. This implies that advertisers can see exactly where their money is going in advertising, and publishers can check earnings without any uncertainty. This level of transparency and trust in the advertising sector is unusual, and it sets the path for more honest relationships between parties. For instance, the Brave browser uses blockchain to track user attention securely and rewards publishers accordingly, showcasing a practical application of blockchain in advertising.

Advertisers buy advertising space with Brave’s Basic Attention Token (BAT), a cryptocurrency created on the Ethereum network. Users who watch these adverts receive a portion of the BAT paid by advertisers. This results in a win-win situation in which users are rewarded for their attention, and advertisers benefit from more engaged viewers. The usage of blockchain ensures that transactions between advertisers, publishers, and users are transparent and safe. The strategy taken by the Brave browser demonstrates a revolutionary advertising ecosystem that is user-centric, transparent, and efficient, proving the synergy between blockchain and native advertising.

Blockchain’s decentralized nature, encryption capabilities, and programmable smart contracts are pivotal to enhancing transparency and efficiency in native advertising platforms. Blockchain applications, running atop decentralized networks, ensure secure, immutable transactions, eliminating the need for intermediaries, thus reducing costs and enhancing ROI for advertisers.

Furthermore, blockchain facilitates the creation of platforms like AdHive, which automates the placement of native advertising with influencers, ensuring advertising tasks completion and rewards issuance through blockchain smart contracts. ClearCoin, on the other hand, tackles ad fraud by ensuring ad units are allotted to only one buyer, visible on a public ledger to all market participants. Qchain simplifies the buying and selling of digital advertising, focusing on influencer marketing and native advertising, providing a transparent platform for direct transactions in native advertising inventory​​.

Moreover, blockchain empowers platforms like AdEx to eradicate fraud and ensure that advertisers pay only for valid click-throughs using smart contracts, while Native Video Box harnesses blockchain to address advertising management and content discovery issues, thus presenting a more transparent, efficient, and user-centric advertising ecosystem​.

Benefits of Integrating Native Advertising with Blockchain

Combining blockchain technology with native advertising achieves otherwise impossible levels of transparency. Every transaction, whether a click, a view, or a conversion, is recorded on a public ledger that all relevant parties may see. This transparency ensures that advertisers know where their money is going and that publishers are adequately compensated for the ad space they provide.

Ad fraud has long plagued the advertising business. However, blockchain’s immutability makes it a crucial tool in the fight against fraud. Because every transaction is traceable and immutable once recorded, fraudulent activity is considerably easier to detect and prevent. This feature fosters trust among marketers, publishers, and even viewers.

Data is essential in developing efficient advertising efforts. Blockchain provides a secure and transparent method of processing data, which may be used to target audiences more precisely. Data management becomes more efficient and trustworthy with blockchain, guaranteeing that ads reach the correct audience at the right time, increasing the success of native advertising campaigns.

By enabling direct transactions between advertising and publishers, blockchain eliminates the need for intermediaries. This direct link may result in lower expenses and a more equitable allocation of advertising revenue. Native advertising campaigns executed on blockchain platforms may be more cost-effective, guaranteeing that a higher amount of the advertising spend is spent on reaching the intended target.

Another significant advantage of combining blockchain and native advertising is the exact and transparent tracking of ad performance. Advertisers can now obtain real-time data on how their ads are doing, which can help them optimize campaigns and achieve higher ROI.

Real-world Examples of Native Advertising in Blockchain

These examples shed light on the amalgamation of native advertising and blockchain, showcasing the innovative solutions they present. Let’s delve deeper into these projects to understand their unique features and contributions to the synergy between blockchain and advertising.

IBM and Mediaocean

IBM, a technology giant, and Mediaocean, a leading advertising software company, have partnered to leverage blockchain technology to streamline the advertising supply chain. This union:

• Transparency: Enhances transparency across the advertising chain, reducing discrepancies and promoting trust among advertisers and publishers.
• Efficiency: Facilitates faster payment settlements between parties, leading to smoother transactions and reduced overheads.
• Fraud Reduction: With blockchain’s verification, the collaboration helps detect and mitigate ad fraud, ensuring genuine engagements.

NYIAX (New York Interactive Advertising Exchange)

Established in collaboration with Nasdaq, NYIAX is a groundbreaking platform in the advertising realm:

• Trading Platform: Allows advertisers and publishers to trade advertising contracts, fostering a dynamic marketplace.
• Future Contracts: Offers the potential for securing future ad spaces based on predicted trends, ensuring better campaign planning.
• Transparency: Built on blockchain, it ensures every transaction is clear, reliable, and auditable.

Verasity

Verasity is a unique player in the native advertising blockchain landscape:

• Proof-of-View (PoV): Their patented technology ensures that only legitimate views are counted, eliminating bot and fraudulent traffic.
• Transparent Ledger: All engagements are stored on a public ledger, allowing advertisers to verify genuine interactions and calculate ROI more accurately.
• Engagement-based Earnings: Advertisers can reward users based on their interaction level, fostering a more user-centric model.

Learn More: https://www.gate.io/learn/articles/what-is-veracity/580

Ambire AdEx Platform

Ambire’s AdEx Platform is reshaping how advertisers and publishers interact in the digital space:

• Real-time Data: Advertisers have access to live insights, allowing for immediate tweaks and improvements to campaigns.
• Direct Engagements: By cutting out intermediaries, it ensures advertisers get maximum value for their investment and publishers receive their due without unwarranted deductions.
• User Sovereignty: Gives complete control to publishers over their revenues, allowing them to optimize monetization strategies.

How to Get Started with Native Advertising on Blockchain

Embarking on the journey of native advertising on blockchain begins with understanding the platforms that facilitate such initiatives. These platforms harness the power of blockchain to offer transparency, reduced fraud, and more efficient ad campaigns.

Research and Choose a Platform

Choose a platform that meets your demands based on your advertising objectives. HilltopAds and Cointraffic are excellent places to start if you want to get into native advertising on the blockchain.

Create Your Ad Content

Create intriguing ad content that will appeal to your target demographic. Check that the material adheres to the platform’s requirements as well as the native environment in which it will be displayed.

Set Up Your Campaign:

Set up your campaign using the tools provided by the chosen platform. Define your target demographic, determine your budget, and decide which ad formats to utilize.

Monitor and Optimize

Once your campaign is online, use the analytics tools to track its performance. Analyze the data to uncover opportunities for improvement and optimize your campaign for better outcomes.

Evaluate and Learn

Analyze the stats after the campaign to determine its success. Use the knowledge obtained to better future campaigns.

Future Trends in Native Advertising on Blockchain

As we approach 2024, the worlds of native advertising and blockchain continue to converge, resulting in unique methods and platforms that are altering the advertising environment. This course intends to provide insight into future trends in native advertising on blockchain by demonstrating real-world examples and the possible impact on various businesses.

Expansion into New Markets

The expansion of native advertising across several industries is an important trend. Retail, e-commerce, technology, health & wellness, travel, and finance are all using native advertising to engage with target audiences in a more organic and meaningful way.

Consumer Behaviour Modification

In advertising, there is an increasing demand for authenticity and relevance. Native advertising, particularly when combined with blockchain’s transparency capabilities, can answer this demand among modern customers who seek authentic interactions with businesses. Furthermore, as consumers become more ad-savvy, the personalized and non-intrusive character of native advertising will undoubtedly appeal to them.

Increase in Ad Spending

Native display advertising revenue, notably on social media, was expected to reach $68.17 billion in 2023, demonstrating a growing need for native advertising. The greater allocation of ad dollars to native ads demonstrates the growing acknowledgment of its effectiveness in engaging viewers.

Social Media and Influencer Marketing

Brands and influencers or thought leaders are increasingly collaborating to embed native ads into their content. This shift underscores the significant impact of social media and influencer marketing on native advertising, which allows businesses to reach a broader audience through trusted and admired individuals.

Emergence of Decentralized Autonomous Organisations (DAOs)

The trend towards DAOs is gaining traction, which may influence how native advertising campaigns are coordinated on blockchain platforms in the future. DAOs’ decentralized structure meshes well with blockchain ideas, and this organizational transformation may create more transparent and community-driven advertising activities.

Conclusion

This journey across the worlds of Native Advertising and Blockchain has revealed a future where trust, transparency, and user-centricity are the new standards. Real-world examples and case studies have shed light on the use and expanding adoption of these technologies in the advertising industry.

As the shapes of Native Advertising and Blockchain mix, the prospects for developing true interactions with audiences and innovating in the digital advertising sphere are limitless. With this information, you are now prepared to navigate, adapt, and create in this vibrant and ever-changing advertising world. Your journey into the transparent, engaging, and effective realm of blockchain-based native advertising has only just begun.